robotfx2 Posted May 22, 2009 Report Share Posted May 22, 2009 Moderators please remove/delete this post....thanks my mistake Quote Link to comment Share on other sites More sharing options...
fx1001 Posted May 22, 2009 Report Share Posted May 22, 2009 Re: Tadawulfx scam/cheating revealed with proof Hi, Do you calculate the spread also??? Quote Link to comment Share on other sites More sharing options...
robotfx2 Posted May 22, 2009 Author Report Share Posted May 22, 2009 Re: Tadawulfx scam/cheating revealed with proof i'm confuse...now can some one explaine to me.... Quote Link to comment Share on other sites More sharing options...
clovelly Posted May 22, 2009 Report Share Posted May 22, 2009 Re: Tadawulfx scam/cheating revealed with proof i'm confuse...now can some one explaine to me.... Your current trade is a SELL, to buy it back at market price you have to pay the ASK price, which is the BID price (what you see on the chart) + spread. That's why your trade is still a loss when the current BID price is the same as your selling price. Quote Link to comment Share on other sites More sharing options...
leeb77 Posted May 22, 2009 Report Share Posted May 22, 2009 Re: Tadawulfx chart problem please Explaine why ??? robotfx2 - I would respectfully suggest you should know about the spread before trading you need to know the basics, Tadawulfx have always been very honest with me - please learn the facts before accusing them of being a scam ! Quote Link to comment Share on other sites More sharing options...
myanyx Posted June 2, 2009 Report Share Posted June 2, 2009 Re: Tadawulfx chart problem please Explaine why ??? These 2 days my tadawulfx demo account is are unable to open any EAs order (I run the same EA with same setting in another broker's account), does anyone else having this problem? Quote Indo-Investasi Rocks Link to comment Share on other sites More sharing options...
Chip4Pips Posted July 16, 2009 Report Share Posted July 16, 2009 All About Tadawul FX Anyone with experience trading with Tadawul FX? Gold/silver in addition to FX on the MT4 platform is a + to me. Quote Link to comment Share on other sites More sharing options...
abedin Posted July 16, 2009 Report Share Posted July 16, 2009 Re: Tadawul FXÂ i don't know.. this is the 1st time i hear that name.. Quote Link to comment Share on other sites More sharing options...
dinj Posted July 17, 2009 Report Share Posted July 17, 2009 Re: Tadawul FXÂ I use different brokers at the same time live. I like their spreads of 3 pips on eurchf and eurgbp. I have never had problems with them but i have less executions than compared with alpari uk Quote Link to comment Share on other sites More sharing options...
mat j Posted July 18, 2009 Report Share Posted July 18, 2009 Info on Tadawulfx Hi there, I heard Tadawul is an ok broker. Me too need some info on them such as minimum deposit, spread so on & so forth. Cheers. Quote Link to comment Share on other sites More sharing options...
peri Posted July 18, 2009 Report Share Posted July 18, 2009 Re: Info on Tadawulfx Hi there, I heard Tadawul is an ok broker. Me too need some info on them such as minimum deposit, spread so on & so forth. Cheers. Slippage especially on GBPUSD, generally less performance than other brokers with identical trades, heavily filtered feed (very smooth), no requotes, refuse to send out (daily) statements which I find kind of strange, live server platform (not demo) reboots in the middle of Asia session so your platform may freeze Quote Link to comment Share on other sites More sharing options...
peri Posted July 18, 2009 Report Share Posted July 18, 2009 Re: Tadawul FXÂ see my post here: http://www.indo-investasi.com/viewtopic.php?f=7&t=4345&p=36207&hilit=tadawul#p36207 Quote Link to comment Share on other sites More sharing options...
awsl Posted July 18, 2009 Report Share Posted July 18, 2009 Re: Info on Tadawulfx read the review on forexpeacearmy, those using EA like megadriod and fap are losing. any other folks here with live account can confirm? Quote Link to comment Share on other sites More sharing options...
brc021 Posted July 18, 2009 Report Share Posted July 18, 2009 Re: Tadawul FX Hi,  I have been using Tadawul FX LIVE from February to May this year . Mostly trading Fap Turbo EA on it. The first 2-3 weeks went on pretty fine, performance very similar to demo account, made about 20 % profit in 2 weeks with 20 % risk setting on EURGBP and 10 % on EURCHF at that EA. Then however they changed the spread to 5 pips on these pairs on live accounts during Asia Session for about 2 weeks at some time in March, if I remember right. This was when things started to change dramatically, performance wise of FAP TURBO: I had 2 SL hits on EURGBP during that time. (none on the demo account, which continued to run with 3 pips spread). After those 2 weeks, they decreased the spread to 3 pips again, but the thrill was gone since then: Fap turbo took by far less trades than before, and the trades it took had more losses than occuring on other brokers such as Alpari: even though Alpari got higher spreads (5 pips) I got more trades and more proftitable trades on my Alpari live account at the same times.  All in all, after about 3 months of live trading my initital 20 % profit had turned into 20 % losss, this is when I decided to pull the plug. After I asked their customer service what was the reason for this dramatic change in trade behavior of Fap Turbo, their answer was : "I’m sorry to hear how you feel, I assure you the reason clients may find a difference is that with TDFX all positions are covered which means that when you open or close a position you are actually capturing the market rate" What I heard fromother people is that Tadwaul seems to filter and "flaten" their price data alot more than other brokers, such as Alapri, which is very unbeneficial for the usage of Sclaper EAs such as Fap Turbo or Megadroid.  So I can absolutely not recommend this broker to anybody who has in mind to use them with scalping EAs due to their low spread.  Other than that, my deposits and withdrawals with them always worked fine anhd on time, did not have any issues with that. Hope this is helpful to anyone  Kind regards, Michael Quote Link to comment Share on other sites More sharing options...
finimej Posted July 19, 2009 Report Share Posted July 19, 2009 Re: Info on Tadawulfx I have live account at datawulfx before, spread are 3 pips fixed on EURCHF and EURGBP and 2 pips on EURUSD. very fast withdraw and deposite, fast order execution on the eurocross when scalping. Losing are the fault of EA, it is not brokers data fault. If you want to robot ea scalping on the eurocross, this is the broker that you shall select. Quote Link to comment Share on other sites More sharing options...
alanz76 Posted July 19, 2009 Report Share Posted July 19, 2009 Re: Info on Tadawulfx some broker had mentioned they have FIX spread, however during certain time the spread change.. does this broker same as what had i mentioned?pls share Quote Link to comment Share on other sites More sharing options...
finimej Posted July 19, 2009 Report Share Posted July 19, 2009 Re: Info on Tadawulfx no, it is fixed. there were 2 weeks tadawul temporately adjusted the spread for eurcross to 5 pips in the march, 2009. But they adjusted the spread back to normal 3 pips fixed. their data is heavily filtered, you are trading in a playstation and price is 3 pips higher than the market price when it goes up, 3 pips lower than the market price when price goes lower, not with the real market price. however, as long as the scalper is doing fine, do not care about the heavily filtered price. their demo server price is relatively near they real server price. Quote Link to comment Share on other sites More sharing options...
vicqua Posted July 21, 2009 Report Share Posted July 21, 2009 Re: All About Tadawul FXÂ I use Tadawul initially for EA since their spread is 3 which is hard to find for the Eur/Chf & Eur/Gbp pair. As mentioned by some members above, EA started to perform badly once spread went to 5 & now i do not use it for EA but for manual trading as their execution is fast :) Quote Link to comment Share on other sites More sharing options...
kennyhubbard Posted July 21, 2009 Report Share Posted July 21, 2009 Re: All About Tadawul FX I had a live account with them and have dumped them. Guys, IMHO there is no such thing as a fixed spread broker.........the spread is determined by the market. If the best interbank rate is at 4 pips, how can a broker offer it to you for 3 pips. They WILL simply slip you and if you do not permit enough slippage, they WILL requote you. What they will not do is fill you at 3 pips. Pure and simple. Check your metatrater log files for trade execution problems. Quote Link to comment Share on other sites More sharing options...
roberto59 Posted July 21, 2009 Report Share Posted July 21, 2009 Re: All About Tadawul FX I had a live account with them and have dumped them. Guys, IMHO there is no such thing as a fixed spread broker.........the spread is determined by the market. If the best interbank rate is at 4 pips, how can a broker offer it to you for 3 pips. They WILL simply slip you and if you do not permit enough slippage, they WILL requote you. What they will not do is fill you at 3 pips. Pure and simple. Check your metatrater log files for trade execution problems. i'm live with them since they got back the 3 fixed spread,i's true that i had about 3 requotes princes on eoro/chf in about 1 month, no requotes at all on eurpgbp ,still testing them but no complaints so far ,i was with fxcm before ,huge increase in the spread during the scalping time ,that's why i dumped them out satisfied so far with them ,btw i changed all my eas magic #,this is 1 way that brokers can recognize your ea and sometime mess up with them :)>- Quote Link to comment Share on other sites More sharing options...
plodds Posted July 25, 2009 Report Share Posted July 25, 2009 Re: All About Tadawul FXÂ Now i know why my ea seems 2 malfunction at times... Thx 4 d tip Quote Link to comment Share on other sites More sharing options...
syedzain_87 Posted July 25, 2009 Report Share Posted July 25, 2009 Re: All About Tadawul FXÂ which EA does u use? :-/ :-/ Quote Link to comment Share on other sites More sharing options...
swift Posted July 28, 2009 Report Share Posted July 28, 2009 Re: All About Tadawul FX You will get more than eight requotes before your ea can enter one trade, often at -3 pips from your entry. so -3 slippage (constant) + 3 pips spread = 6 pips spread. Also your pending orders are not executed if there are fast sideways movements in the asian session. Very poor broker. Hey guys, dump this bucketshot broker. I ended up paying more than i bargained for. Quote Link to comment Share on other sites More sharing options...
canknock Posted July 30, 2009 Report Share Posted July 30, 2009 Re: All About Tadawul FX i'm live with them since they got back the 3 fixed spread,i's true that i had about 3 requotes princes on eoro/chf in about 1 month, no requotes at all on eurpgbp ,still testing them but no complaints so far ,i was with fxcm before ,huge increase in the spread during the scalping time ,that's why i dumped them out Thanks for feedback . Interesting Quote Link to comment Share on other sites More sharing options...
canknock Posted July 30, 2009 Report Share Posted July 30, 2009 Re: All About Tadawul FXÂ Anybody compare quotes for demo vs. live acct ? Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.